Capital One is a federally registered service mark. All rights reserved. Blank Check® is a registered trademark of Capital One Services, LLC. Capital One does not provide, endorse, nor guarantee and is not liable for third party products, services, educational tools, or other information available through this site. July 2, 2011 at 6:16 am Salary Negotiation: How to negotiate better than 99% of people 01/04/2017 - The Asian American Wealth Gap: Too Often Ignored Side Hustle Masterclass - August 2, 2018 SDE is subjective in nature and can vary based each investor’s own interpretation of what is discretionary operating expenditure (e.g. “we should include/exclude [x]”). Fortunately, internet businesses on the whole enjoy simpler cost structures so there is less margin for deviation in SDE estimates. 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