May be. I try to be a little less ignorant everyday, though. That's why we are here, on news.yc, I guess; to exchange ideas, to engage in discussions, to learn from whoever would teach.
To your point in the other related thread about the usage of the term glass ceiling, there's nothing discriminatory about this specific practice in the VC community. No matter the gender, race, sexual orientation, or whatever other metric you'd use to describe an associate that could in theory be used to discriminate, a VC firm does not have an incentive to promote from within, and actually has incentives not to do so as described by another poster.
Thanks. I concur. I must point out that glass ceiling is also used to mean, a point after which you cannot go any further, usually in improving your position at work...