> person X, when acting as your VC, is not your friend.
I don't see it that way. if person X is my friend, that's true whether or not they're acting as a VC in a situation. VC's who I am friends may well come to the same conclusion as a VC's I don't know but our interactions are likely to be different. Friendship doesn't have to get in the way with a business relationship; conversely, difficult situations in a business in a relationship don't have to interfere with friendship.
I don't see it that way. if person X is my friend, that's true whether or not they're acting as a VC in a situation. VC's who I am friends may well come to the same conclusion as a VC's I don't know but our interactions are likely to be different. Friendship doesn't have to get in the way with a business relationship; conversely, difficult situations in a business in a relationship don't have to interfere with friendship.