Today I have faced one issue after the installation of VMWare tools on the Windows Server 8 Beta. Virtual machine became unresponsive and the screen was black .
The fix to that issue is to enable Graphics acceleration from the VM settings and then reboot the machine. That should fix the display blank out issue.
Check below guides,
How to Install Windows Server 8 Beta on VMware Workstation
Installing VMware Tools on Windows Server 8 Beta