I'm reading this as part of my Venom/Carnage/symbiote readthrough of the Spider-verse.
If Act 1 of Venom is Peter Parker finds an alien suit and it causes havoc.
And Act 2 is journalist Eddie Brock bonds with the suit and vows to destroy Spider-Man while saving innocents.
And Act 3 is Eddit Brock gets cancer, puts the suit up for sale, and it eventually finds its way into the hands of Mac Gargan (previously The Scorpion) who ends up working for the government, but like the Totally Evil Government run by Norman Osborn (formerly{?} The Green Goblin).
Then this begins Act 4. One of Peter Parker's friends from high school, and devoted Spidey-fan, Flash Thompson is hired by the less evil (but not unevil) governent to be a hero using the suit for short windows of time so that he won't permanently bond with the symbiote. He's referred to as Venom, as opposed to Spider-Man to invoke fear.
This is a welcome change to the previous formulas. Garagan's story, in particular, got real stale, real fast, as they didn't know what to do with his personality. Thompson is a straight forward, naive, milary, wannabe-super hero who wants to use the suit for good. I'm curious how this will play out when he interacts with Peter Parker/Spider-Man.
This volume also begins with Peter Parker vs The Scorpion, so we get a bit of an epilogue from Scorpi-Venom before we meet the new host. There's also a tragic death, a silent issue, and a new Spider-suit for Parker, but those only slightly involve the new Venom.
I like this story on its own, and it's a nice redirect of the symbiotes' storyline. It's not exceptionally good but it's competent storytelling, and I'm genuinely curious about where the story goes next.