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So, recently some fediverse admins (mostly Mastodon) and the founder of Mastodon, Eugen Rochko (Gargron), where contacted by Meta/Facebook for an NDA meeting. We know nothing about it, but we're pretty sure that it was about this project92 thing that Meta/Facebook is creating to "compete" with Twitter.
So a lot of Mastodon admins already singed a pact to immediately block any Meta/Facebook activity in the fediverse as soon as it comes up. My Mastodon instance, fosstodon.org hasn't singed that pact and I'm pretty worried.
The following image is an screenshot of Gargron and dansup (creator of Pixelfed) talking about this. These posts were deleted, even from the wayback machine.
One needs to understand the other party. Generally the other party may likely be looking to learn as much as possible, then internalize that and the project cutting you out. For a simple consulting agreement fine. If you expect to have a long term business relationship or go in with other expectations, that has to be carefully considered and anything not in writing does not exists.