Formation of stable radical anion is one of the most apparent event resulting from the interaction of a biomolecule with an electron. Although, the dipole-bound (DB) anions of nucleobases (NBs) prevail in the gas phase as indicated by negative ion photoelectron spectroscopy (PES), even relatively weak interactions such as those present in the uracil-water complexes are sufficient to render the valence bound (VB) anions adiabatically stable. Moreover, since the electron clouds of dipole bound anionic states are much more diffuse than those of valence bound anions, they are strongly destabilized with respect to the latter in condensed phase. This is why VB anions rather than DB anions of nucleobases are more relevant for biological systems, i.e., in particular for DNA. In this review article, we discuss molecular factors governing the stability of valence anions of nucleobases. On the basis of PES measurements and quantum chemical