Nearly two million viewers watched the Nathan Fielder and Lance Oppenheim documentary You Can See Everything over the weekend, exploring the psychological dynamics of Theranos founder Elizabeth Holmes and her husband, Billy Evans. Speaking to an audience at the New York Film Festival last month, Fielder admitted, “I am still struggling to this day to understand what I went through,” noting that he and co-director Oppenheim routinely disagreed about the nature of the relationship between Holmes and Evans.
The project originated when Holmes contacted A24 seeking public exposure, with Evans recently explaining that the couple's goal “was to have people see who she is.” Although initial talks between Holmes and A24 stalled, Fielder and Oppenheim revived the concept after attending an improv performance at the Magic Castle in Los Angeles, where an audience member shouted Holmes' name. Oppenheim recalled hearing that A24 had previously considered a Holmes project, prompting Fielder to contact the studio's New York office. Former A24 documentary head Emily Osborne, who guided the film early on, was laid off last year when the studio shut down its documentary division, though she remains an executive producer. Furthermore, while laws historically prevented convicted criminals from profiting from their actions, California struck down its Son of Sam law years ago, legally allowing Holmes and Evans to seek direct payment.
The film also addresses traumatic events in Holmes' background, including remarks from her father asserting that an assault altered her life trajectory. During her 2022 trial, Holmes testified through tears that she was sexually assaulted as a 19-year-old Stanford University student in the fall of 2003, an event she stated drove her intense work focus prior to founding Theranos later that academic year. Public records obtained by NPR through a California Public Records request show that Santa Clara County sheriff's deputies were dispatched late one October night following a report of an on-campus sexual assault at a fraternity house involving a student named Elizabeth Holmes. Holmes additionally alleged that former Theranos COO and ex-boyfriend Sunny Balwani sexually abused her. Balwani, who was convicted of fraud and is currently incarcerated, has denied the claims.
Questions regarding Evans' background are also highlighted in the documentary, where he asks, “What does she have to gain from me?” Evans, who recently appeared on the All-In podcast, derives his family wealth from the Evans Hotel Group, founded by his grandparents over 70 years ago. The company's properties include the Bahia Resort Hotel, the Catamaran Resort, and The Lodge Terry Pines. The business has drawn local controversy in Southern California, where community groups argued that a proposed expansion of the Bahia Resort restricted public access to Mission Bay. A lawsuit filed by the family against San Diego labor unions attempting to block the development was dismissed. Evans now serves as CEO of Haemanthus, a blood-testing startup founded in 2024 that utilizes Raman spectroscopy and held at least one patent as of May 2025.
The documentary features an appearance by actress Amanda Seyfried, whose initial scene—watching footage of Holmes from a couch at the start of the third act—captured her genuine first meeting with Fielder. The directors originally intended only to record her reactions and commentary rather than include her in re-enactments. The scene was filmed at an upstate New York farm that operates as a 501(c)(3) nonprofit animal rescue. Founded and run by Seyfried and her partner, Thomas Sadoski, the sanctuary houses elderly and endangered ducks, goats, donkeys, cats, and chickens, where the couple resides with their two children.
Why It Matters
Elizabeth Holmes became one of the most prominent figures in modern corporate history after founding Theranos, a Silicon Valley startup that claimed to revolutionize blood testing before collapsing under revelations of widespread technology fraud. Her 2021 criminal trial and subsequent federal fraud conviction made her a central subject of media scrutiny, inspiring podcasts, books, and dramatized television series. Continued public interest in Holmes reflects ongoing fascination with Silicon Valley culture, corporate deception, and the personal lives of high-profile white-collar offenders following their convictions.
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