I missed the Paul Frank monkey trend when it was hot, in the 90's, and the kid's not a Small Paul groupie, either. But her 11-yo cousin is a Julius fanatic, and that's been all I need to know.
So I have a hard time caring about anyone in Vanity Fair's article about the falling out between the company's founders--two unimpressive-sounding, frathead roommates and Frank, an ur-emo, manchild artist.
Long story short: what sounds like a really poorly crafted partnership agreement from the kitchen table days led to Paul Frank the man getting ousted/bought out/severed from the company he was a 1/3 shareholder in [vote's 2-to-1, Pauly, you lose!]. His forced buyout was, of course, at a tiny fraction of what the stake would be worth to an outside buyer [$600k vs. $25 million].
That said, there's a lesson here for everyone, whether you're a cutesy vinyl artist or a mid-level manager somewhere who's considering a switch to the cutesy vinyl artist exploitation industry.