Squidward's Lounge Chair, also known as Squidward Unfolding a Chair, originates from the Season 1 SpongeBob SquarePants episode 'The Paper.' The template consists of two panels: one where Squidward enthusiastically sets up a lounge chair to relax, and another where he immediately folds it back up and leaves with a frown. Since becoming a viral sensation on platforms like Reddit and Twitter around 2018, it has served as the ultimate visual shorthand for excitement followed by instant disappointment. It is most commonly used to describe situations where a person is initially interested in a topic or event until they hear a specific detail or condition that makes them want to opt out immediately.