I don't consider venture capital absolute evil (or evil at all), but don't understand why old profitable company with established user base needs to take such l

I don't consider venture capital absolute evil (or evil at all), but don't understand why old profitable company with established user base needs to take such ludicrous amounts of money from VCs. What are they planning to do to return that investment? Grow by any means necessary and sell out with all our data to big tech company? As a long time 1Password user I have a bad feeling about this.