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From MTV:

"When we came out, I can say it now, I actually hated Puff Daddy," Nore said in his studio, sitting next to Capone. The duo were in the lab recording their next LP, Channel 10. "I can say that now, 'cause Puff is my man. I was disgusted at what they was doing with the shiny suits and the blow-up dolls and looking like Missy. I didn't agree with that. I felt the shiny-suit movement was destroying the grimy movement. As I got older, I learned to respect people for doing different things. At that time, 'Pone was actually locked up. I was on the streets, and I would turn on BET and MTV, it would be the shiny-suit dudes. It was a messed-up time.

"Mase was killing them," he added. "Y'all can say what y'all wanna say about Mase, but he was killin' them. You almost wanted to throw on something shiny. They caught Jay-Z. Remember Jay with the 'Sunshine' [video]? He had the Ferris Wheel, the Cyclone, whatever. It was real hard."

Sounds like he was young and mad that he wasn't receiving the attention he wanted and his life wasn't going how he wanted, so he got a little jealous. It happens. It's good that he's come to realize it. Diddy put him on the "Too Old for Me" remix, which is probably one of my favorite Bad Boy remixes.