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Forbes Daily Briefing

24 Oct 2026 · 3m · 2 chapters

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Theranos Whistleblower Alleges Elizabeth Holmes ‘Misled’ Nathan Fielder In Documentary Scene

In short

Tyler Shultz, a former Theranos research engineer and whistleblower, alleges Elizabeth Holmes misled Nathan Fielder in a scene in Fielder’s documentary You Can See Everything.

Guest backgrounds

Shultz worked at Theranos and blew the whistle; Holmes is a convicted fraudster sentenced to 11 years.

Key claims

Shultz says Holmes intentionally showed Fielder a blood-testing unit that was not the device used by Theranos employees and not the equipment that failed quality control or was hidden from regulators. He claims it was an unfinished prototype never used for patient testing, and that Holmes still maintains she’s innocent.

Notable examples

the specific documentary scene where Holmes presents a “Theranos machine” to Fielder.

Written by AI. May contain mistakes.

Chapters

0:00

Whistleblower's Allegations Against Elizabeth Holmes

Learn about Tyler Shultz's accusations against Elizabeth Holmes regarding her misleading claims.

“Schultz noted that the unit displayed by Holmes was, quote, not the device that failed quality control or, quote, that we hid from regulators.”
0:45

Critique of the Documentary 'You Can See Everything'

Explore Tyler Shultz's critical perspective on the documentary's portrayal of Theranos.

“According to Schultz, Holmes led him down an entirely false path.”
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Transcript

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0:00Tyler Shultz, a former Theranos employee who blew the whistle on the ill-fated biotech company, alleged its founder and convicted fraudster Elizabeth Holmes misled Nathan Fielder about the technology her company developed in a key scene in his new documentary You Can See Everything. Schultz, a former research engineer at Theranos, told CBS Mornings on Monday he believes Holmes intentionally misled Fielder by showing him what she claimed was a Theranos blood testing machine, though Schultz said that was not the device he used as a Theranos employee. Schultz noted that the unit displayed by Holmes was, quote, not the device that failed quality control or, quote, that we hid from regulators.

0:46According to Schultz, Holmes led him down an entirely false path. He alleged that the equipment she presented to Felder was a prototype Theranos created that was ultimately never finished or utilized for patient testing. He said he has not surprised Holmes, who was sentenced to 11 years in prison following her conviction on fraud charges, still claims she's innocent, alleging there is, quote, no way she did nothing wrong and has created a web of lies. Schultz penned a review of You Can See Everything for Science Publications Stat, published Monday afternoon. He argues the film is not a documentary and that it is, quote, dangerous to pretend that it is, claiming instead the movie is a, quote, piece of art with the intention of creating ambiguity.

1:31Schultz said Fielder is either a, quote, bad documentarian who was tricked by Holmes, or a quote, very good artist who chose to let Holmes mislead the audience, again pointing to the scene in which Holmes allegedly shows Fielder a blood testing machine Theranos did not use. For more on this story, check out the article at the link in the description.

From the publisher

Tyler Shultz, a former Theranos employee who blew the whistle on the ill-fated biotech company, alleged its founder and convicted fraudster Elizabeth Holmes “misled” Nathan Fielder about the technology her company developed in a key scene in his new documentary, “You Can See Everything.”

Read the full story on Forbes: https://www.forbes.com/sites/conormurray/2026/10/19/theranos-whistleblower-alleges-elizabeth-holmes-misled-nathan-fielder-in-documentary-scene/
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