A24 Drops Trailer for Nearly Three-Hour Film About Elizabeth Holmes and the Theranos Collapse

A24 has released the full trailer for You Can See Everything, a documentary about Theranos founder Elizabeth Holmes. The film was directed by Nathan Fielder and Lance Oppenheim and hits theaters on October 16, 2026.

The film runs 2 hours and 54 minutes. Unlike most documentary projects about Theranos, its makers got direct access to Holmes shortly before she was imprisoned.

According to the film’s official description, filming began 34 days before Holmes was sent to federal prison. Fielder, Oppenheim and a small crew stayed with her, her partner Billy Evans and their family, documenting their daily life and holding in-depth conversations with them.

What started as a portrait of Holmes before her imprisonment ultimately turned into a three-year project.

Holmes continues to insist she is innocent

You Can See Everything goes beyond yet another retelling of Theranos’s rise and fall. In the trailer, Holmes still disputes the idea that she is a fraud, and Fielder tries to figure out how sincerely she believes her own version of events.

In one scene, Fielder talks with Billy Evans and directly questions Holmes’s motives. Judging by the first reviews, such conversations gradually become just one part of a far more unusual film structure.

The documentary was unexpectedly presented at the Telluride Film Festival, and details about the project were kept secret until the screening.

At the time of publication, Rotten Tomatoes shows 100% positive reviews based on 10 reviews. The sample is still small, so the score could change noticeably once the film opens wider.

In a roundup of the first reviews, critics especially highlight the mix of documentary filmmaking, metanarrative and Fielder’s signature uncomfortable humor. Several reviewers specifically recommend going in knowing as little as possible about what the film covers.

The Theranos story has already become one of Silicon Valley’s biggest scandals

Elizabeth Holmes founded Theranos in 2003. The startup promised to revolutionize lab diagnostics with compact devices that could supposedly run many tests on a small amount of blood.

At its peak, Theranos was valued at about $9 billion, and Forbes estimated Holmes’s own net worth at $4.5 billion. Later investigations showed that the company’s technology fell far short of its public claims.

In January 2022, a jury found Holmes guilty on four counts — three counts of wire fraud and one count of conspiracy to defraud investors. She was sentenced to 11 years and three months in prison.

Holmes began serving her sentence in 2023. Along with former Theranos president Sunny Balwani, she must also pay about $452 million in restitution to victims.

Here is official trailer, You Can See Everything pic.twitter.com/G6jqc7vGzQ

— nathan fielder (@nathanfielder) September 23, 2026

Against the backdrop of the many books, podcasts, documentaries and scripted series about Theranos, what sets You Can See Everything apart is Fielder and Oppenheim’s direct access to Holmes before prison — and their attempt to show not so much the corporate scandal itself as the person who, years later, keeps defending her own interpretation of what happened.