When I have "Use full resolution for Retina display" my VM boots black.
Disabling it, I have a usable screen (with lower resolution)
Taking the VM out of Fullscreen and with a moderate window size, I can have the setting enabled but enlarging the window size turns the screen black
Maximum Display Memory: 256MB (tried with 512, 1024 and even 2048)
Somehow during the VMWare tools update the graphics driver didn't get updated.