Let's say a VC Fund manager starts a VC Fund as a general partner and contributes $1M. He raises $1M each from 9 limited partners (LP 1 thru LP9). He makes 10 investments into 10 firms (Firm A thru Firm J). In 4, (Firm A thru Firm D), they invest $500k, in 4 (Firm E thru Firm H) they invest $1M and in Firm I and J they invest $2M. Firms A and Firms I have IPOs and the fund exits at 10x their original investment. The other 8 go bankrupt. The VC fund returned _____ %.