A small VC fund makes six initial investments, four in the A$-$round and two in the B$-$round:

Investments

Companies ONE and TWO receive their initial investments from THIS VC FUND at $t=0($so company THREE's A$-$round is before $t=0)$; companies THREE, FOUR, and FIV

at $t=1$; company SIX at $t=2.$ Company THREE sells for $$20m$ at $t=6$ and company FOUR sells for $$675m$ at $t=7.$

A$.$ How long does this partnership run and when does its investment period end?

B$.$ Calculate how much the VC invests in the four rounds where the table shows $"???"$ assuming pro$-$rata.

C$.$ Roughly how big is this fund?

D$.$ Calculate the GRM$.$ What does this suggest about the fund's performance?

E$.$ Given this GRM$,$ roughly what Net IRR would you expect?

F$.$ Assuming two years between each investment round, calculate the fund's gross IRR.