The Story of Billy Evans and ‘Theranos 2.0’
Elizabeth Holmes’ husband is a major figure in Nathan Fielder’s new documentary. But who is Billy Evans—and is he really working on a second blood-testing company?
Billy Evans and Elizabeth Holmes, the co-founders of Haemanthus, are in the news for their startup that aims to bring blood, urine, and saliva testing to homes. Evans, who met Holmes at a charity event in 2017, is quoted as saying that the inner light - a newfound compassion, intention, and desire to listen - was evident in his demeanor after returning from a camping trip.
Evans, who is building Haemanthus, has been clear that it is not a "Theranos 2.0," despite the comparison. Haemanthus uses Raman Spectroscopy, a technology that has been researched since 1928 and involves using lasers to analyze biological samples. The company's patent was granted in January 2025, and its technology is being seen as a more valid and unique approach compared to Theranos. Evans and Holmes have a history of drama and affluenza, but they seem to have moved past it.
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