The venture lesson @jmj learned from @scottbelsky: "In 2020 Scott Belsky told me one of the things he didn't love about being at a venture firm was how his group of collaborators changed. Literally, the people you came into venture with who were your friends will become competitors at some point. Because you're both now trying to get that lead ticket, versus you're each more of an angel. He told me that in 2020. And, you know when someone gives you advice and you understand what they mean, but you're kinda like, ah, I don't know if I need to do that? And then you actually become the wise person who experiences it. That's happened to me so many times. I look back on that conversation and I'm like, my friends have definitely changed in venture over the past six or seven years. Those people are still my friends. We'll go grab coffee. But we're not calling each other and doing business like we used to."