Host Gary J. Ross talks with Robert Gunderson, the founding partner of Gunderson Dettmer and a top-tier venture capital lawyer for over 40 years. Gary and Bob discuss Bob’s experience at the start of venture capital law and its evolution over time, including the impact of new regulatory requirements and the NVCA model forms, as well as changes in the IPO market and the importance and growth of the private markets. Gary and Bob also touch on the basic structure of venture capital funds and the value of private versus public boards in connection with fiduciary duties.