lol or in other words something happening for the first time (inexperience) that another party has experience with.

Here watch I'll pull up some receipts as well:

https://en.meming.world/wiki/James_Franco_First_Time

The meaning of this meme is to imply that a person is inexperienced in a certain situation.

But yeah totally "That's is not what the meme implies at all."
What?