Theranos Founder Pitches New Venture 34 Days Before Prison Term

Elizabeth Holmes spent the final 34 days of her freedom attempting to sell investors on a new business model. This activity took place just before she was scheduled to begin her federal prison sentence. The new documentary, You Can See Everything, captures this period in detail. It follows Holmes and her partner, Billy Evans, through their daily routines and professional outreach.

The film was directed by comedian Nathan Fielder and writer Noah Oppenheim. It serves as a follow-up to Fielder's previous series, Nathan for You and The Rehearsal. The new project combines his interest in business scams with the mechanics of personal communication. The result is a portrait of Holmes that contrasts her public image with her private behavior.

Fielder describes Holmes as a discomforting individual who lacked visible charisma. He expresses surprise that she was able to secure hundreds of millions of dollars from investors. The documentary notes that many people, including military generals and public officials, fell for her pitch. This success allowed her to maintain a level of social and professional standing despite known legal troubles.

A major subplot involves Fielder's investigation of Billy Evans. The filmmaker is incredulous that Evans continued to partner with Holmes and raise two children with her while she faced legal jeopardy. Fielder questions how Evans could trust Holmes given the history of lies that led to her conviction. The film suggests that their relationship relied on a specific type of mutual trust that outsiders found difficult to understand.

Holmes's father expresses confidence in Evans during the film. The documentary frames this trust within the context of social status and wealth. The narrative implies that their white identity and financial background played a role in how others perceived their partnership. This perception allowed them to operate with a level of credibility that Fielder finds unusual.

In the days leading up to her incarceration, Holmes and Evans actively pitched investors on what they described as Theranos 2.0. They held phone calls with potential backers who did not immediately reject the idea. The film shows these individuals expressing interest in the new venture. This behavior contrasts with the expectation that previous investors would have cut ties after the original company's collapse.

The documentary highlights the gap between the scale of the fraud and the ease with which the subjects continued to do business. It suggests that their background provided a buffer against immediate skepticism. The film argues that this dynamic is specific to a certain demographic that has historically faced less scrutiny in business dealings.

Fielder and Oppenheim did not center race in the film's structure. However, the narrative inevitably draws attention to the social dynamics at play. The creators aimed to understand the mechanics of the scam and the personalities involved. The final product presents a case study in how trust and perception function in high-stakes environments.

The film is now available for viewing. It offers a behind-the-scenes look at the transition from private business owner to federal inmate. The footage documents the precise moment when Holmes moved from pitching a new company to preparing for her sentence. The project adds to the growing body of media surrounding the Theranos saga.