Fotolog Founders Cash In

Congrats to Scott Heiferman and the other Fotolog founders. It's not official yet, but Silicon Alley Insider reports today that Fotolog has been sold to a "major Latin American media company" for $100m or so. Makes sense since Fotolog has huge traffic in Latin America. Alexa ranks it as one of the most popular websites in several nations down there. Now, Scott can ramp up Meetup.com, his other successful startup.