diaper profitability

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