Its a butt pillow in EVE where nulseccers can sit their hemorhoidally expanded cap fleets. 
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As long as I build and deliver them their capitals Im sort of okayish with this. As someone in Eve called me a war mongering capitalist all the time that sort of rang true.
Like the song asks: what is war good for? The answer isnt ‘absolutely nothing’… its MONEY!!
There are many descriptions of the friendship, some more apt than others 
Though I am very happy with the quicker and more agile bunch of hulls (cruiser or smaller, Astero and VNI being my favorite ships right now), I would absolutely love to fly a marauder one day and mess with smaller roaming fleets! Unsure which due to inexperience, but the Paladin is my current favorite by looks.
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I prefer when they have “Noship” then there can be true pod on pod friendship goo splatters.
Real lovin is noship pod lovin!!