> Levine had always thought a contract was binding. Now he saw two big companies laugh off his little mistake. The other side agreed to revise the contract to pay the extra $25 million.
> The whole experience surprised Levine. "I thought it was a game," he says. "You sort of score points. And they had scored this point through my fault, and they were going to get something for it."
> Business may be a game, Levine realized, but it's not a one-time game. It's more like an infinite game. It's a game in which people have to live with each other, work with each other again, and perhaps, write another big contract.
https://www.npr.org/sections/money/2014/09/16/348975479/a-ti...
> Levine had always thought a contract was binding. Now he saw two big companies laugh off his little mistake. The other side agreed to revise the contract to pay the extra $25 million.
> The whole experience surprised Levine. "I thought it was a game," he says. "You sort of score points. And they had scored this point through my fault, and they were going to get something for it."
> Business may be a game, Levine realized, but it's not a one-time game. It's more like an infinite game. It's a game in which people have to live with each other, work with each other again, and perhaps, write another big contract.