When your SaaS startup's MRR is high enough to support buying diapers for your twins. MRR stands for "monthly recurring revenue" and SaaS stands for "Subscription as a Service", which is a kind of software that you pay monthly fees for. Like Netflix.com, www.Spotify.com or www.SparrowStartup.com.
First-time founder: Ya we're at diaper profitability. Looking at a 10x multiple.
VC:
VC:
First-time founder: ...ramen profitability? Haha...
VC: get out
VC:
VC:
First-time founder: ...ramen profitability? Haha...
VC: get out
by SparrowStartup.com - 10x MRR January 24, 2022
by FaZe_Adapt675437554 September 24, 2020
Person 1: "Yo Dave! Let's go find some Street Profits downtown!" Dave: "Holy shit the WWE tag team? no way!" Person 1: "Nah bro. Go see the definition on urban dictionary teh goon wrote."
by teh goon April 29, 2023
by CSRT4U June 11, 2013
A profit orgasm is the ultimate feeling of heavenly euphoria, pleasure, and ultimately a bodily & mind release of a powerful energy that one stores within them while in a trade or transaction where there is a lot on the line to lose and the rewards end up being much more than one could ever expect or hope for. The profit orgasm comes after one experiences a Profit Boner and the action that engages the profit boner is repeated again and again until a profit orgasm is achieved.
Crypto Trader: "Dude, I've been in a BTC long for about 3 weeks. My first week got me 800% ROE, second week bumped it up to 1760% ROE, and this week my long is up to 2400% ROE! Yeah, I am way past the profit boner phase and am having a full on profit orgasm! Man this is the most incredible thing that has ever happened to me!"
by I Heart Profit Orgasms October 23, 2018
Someone who is a low key gold digger—often unwilling to admit to being a gold digger when called out.
by Katt&Claud August 3, 2017
A certain type of erection that is experienced when one makes a large profit on a transaction or trade. It is said that the pleasure and reward systems in the brain are heavily influenced by large sums of money. Increasingly higher frequencies of the profit boner inducing actions will result in a Profit Orgasm.
Crypto trader: "Dude, I just got 600% on that trade and made 500 Bitcoin! I have such a huge profit boner right now!"
by I Heart Profit Orgasms October 23, 2018