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All-In · 1 min · Oct 15, 2026

Staying silent was Holmes' biggest mistake, says her husband

BE

Billy Evans

  • David FriedbergHost · CEO, Ohalo

    Founded The Climate Corporation, sold to Monsanto for about $1.1B in 2013.

About this segment

Evans explains why Holmes never told her side: the judge wanted the case fought in court, not the press. He calls her silence the single biggest mistake she made, because her power was her voice.

From “Elizabeth Holmes' Husband Billy Evans: The Trial, Prison & Nathan Fielder’s Documentary”, Oct 15, 2026. Watch the full episode

“I think that was the single biggest mistake that Elizabeth has ever made, to be really clear.”
BEBilly Evansat 24:08 · All-In24:08

Takeaways

  1. It was not a formal gag order but a judge's instruction to the trial team
  2. Holmes followed the rule strictly to avoid risking the court outcome
  3. Evans says her power was telling her own story, which she never did
Watch 1:19 from 23:35

In this episode

Full episode
  1. 19:20How 13 counts and a point system turned into an 11-year sentence3:04

  2. 23:35Staying silent was Holmes' biggest mistake, says her husband1:19

  3. 36:46How the restitution and sentence math inflated her time1:51Up next
  4. 2 more moments in the full episode

Transcript

Transcribed by machine (Whisper) from the episode’s audio, so a word may be off here and there.

  1. 23:38

    and you guys were so convinced yourselves, you and she, and it was 100% we're not going to be indicted, we're 100% going to win the case. Why was that never released, and you've mentioned this gag order, but maybe just help us understand that. I want to be really specific, because I know like a million people are going to pick this apart and clip it and do whatever they'd like with this interview.

  2. 23:59

    technically, it was not a gag order. Technically, what the judge said to the trial team in pre-trial hearings, like in the very beginning, is that this is a case that's going to play out in the courtroom and not in the press. And I think that was the single biggest mistake that Elizabeth has ever made, to be really clear. I mean, maybe Sonny's number one, but it's f***ing up there. Because her power was in her voice.

  3. 24:24

    Her power was in her telling that story, And she did not because she followed the rules of not going against what the judge had asked her to do. And that case just ended a handful of months ago. It's been a long time in which she was silent. She felt like she didn't want to risk going through the court process and winning there by speaking out of court and getting in trouble. Yeah, and she's a really idealistic person.