Running into same issue you are experiencing. I am running it as a VM as well. There errors in Windows for the application that is related to KERNELBASE.DLL in Windows's System32. Downloaded .NET framework to see if that may resolve the issue, however it didn't. I used 7-Zip and WinRAR. I dont think it the KernelBase.dll, I think there additional runtime app we may need to have installed for it to execute properly. I stopped troubleshooting at this time being, may continue later on.
Additional note, I also downloaded this VN from another site and same issue as what provided here. So, it telling me that something missing on the user end.
Have a great day and be safe...