Nathan Fielder and Lance Oppenheim’s 174-minute documentary You Can See Everything,
capturing convicted Theranos founder Elizabeth Holmes 34 days before her prison sentence, received an R rating from the Motion Picture Association for language and graphic nudity ahead of its October 16 theatrical release.
Inside the 34 Days Before Incarceration and the Full-Length Trailer Debut
Filmmaker Nathan Fielder moved into a guest room at the San Diego-area home of disgraced Theranos founder Elizabeth Holmes and her partner, Billy Evans, capturing an intimate portrait during the 34 days leading up to her imprisonment. The documentary, directed by Lance Oppenheim alongside Fielder, features unfettered access as the production crew documented everyday family life alongside Evans and their children.
In the full-length trailer released by A24, Fielder asks Holmes whether she is concerned about a filmmaker living with them around the clock. I don’t think so
, Holmes replies, adding, I think this is the moment in time to capture this story before I’m gone.
Later in the preview, when Fielder questions her about feeling like she did anything wrong, Holmes insists, I did not.
The MPA Rating Surprise and Fan Social Media Reaction
The Motion Picture Association assigned the film an R rating citing language and some graphic nudity,
a designation that sparked immediate confusion and dark humor across social media platforms. Critics who caught the surprise screening at the Telluride Film Festival praised the feature for its complex examination of truth, while internet commentators joked about what the rating implied for a project centered on awkward conversations.
Reviewers noted that the three-month window when Fielder and Oppenheim filmed most closely occurred right after Holmes gave birth to her second child, suggesting the MPA’s strict classification rules regarding birth footage may have influenced the label. Meanwhile, industry reporters noted that at least one person in the documentary goes full frontal, explaining the unexpected designation.
Weighing Investor Fraud Against Reality-TV Psychodrama
Holmes was convicted in January 2022 on four counts of fraud against investors who had poured millions into her Silicon Valley blood-testing startup. The fraud against investors totaled $140 million, leading to an 11-year prison sentence she began serving in May 2023 at the minimum-security Federal Prison Camp in Bryan, Texas.
Throughout the trailer, Fielder also turns his questioning toward Evans, the heir to the Evans Hotel Group, pressing him on whether he ever suspected Holmes was deceiving him or using him for his family’s wealth. Evans offers a brief denial, stating he was never suspicious.
Prison Timeline and Release Updates
While the documentary arrives in theaters on October 16 following its festival run, Holmes’ legal timeline continues to evolve behind the scenes. Department of Justice updates indicate she is scheduled to move to the Austin Transitional Center in Del Valle, Texas, in August 2027. Her formal petition for early release, submitted to President Donald Trump in December 2025, remains listed as pending with the Office of the Pardon Attorney.
