This perspective outlines a panoramic description of the nature of the chemical bond according to valence bond theory. It describes single bonds, and charge-shift bonds (CSBs) in which the entire/most of the bond energy arises from the resonance between the covalent and ionic structures of the bond. Many CSBs are homonuclear bonds. Hypervalent molecules are CSBs. Then we describe multiply bonded molecules with emphasis on C2 and 3O2. The perspective outlines an effective methodology of peeling the electronic structure to the necessary minimum: a structure with a quadruple bond, and two minor structures with double bonds, which stabilize the quadruple bond by resonance. 3O2 is chosen because it is a persistent diradical. The persistence of 3O2 is due to the large CSB resonance interaction of the π-3-electron bonds. Subsequently, we describe the roles of π vs. σ in the geometric preferences in unsaturated molecules, and their Si-based analogs. Then, the perspective discusses bonding in clusters of univalent metal-atoms, which possess only parallel spins, and are nevertheless bonded due to multiple resonance interactions. The bond energy reaches ~40 kcal/mol for a pair of atoms (in n+1Cun; n~10-12). The final subsection discusses singlet excited states in ethene, ozone and SO2. It demonstrates the capability of the breathing-orbital VB method to yield an accurate description of a variety of excited states using 10 or less VB structures. Furthermore, the method underscores covalent structures which play a key role in the correct description and bonding of these excited states.