"I'm fucked" is the first line of the song, which is about a company outing. It's the first time we've heard this one before, so we're not sure what to make of it. We're guessing that it's about the same thing as the song's title: "company outing" . In other words, the song is about going on a date with your childhood friend. The guy's got to have sex with the girl he's hanging out with, and the girl has got to be sexy, too. The girl's a little too sexy for our tastes, but she's cute enough to make us want to go on another date with her. So we'll have to take her word for it.