The life cycles of cellular species are reviewed from the genetic perspective. Almost all life cycles include stages during which only one genome is transmitted from a parent to its offspring. This, together with interorganismal gene exchange, which occurs regularly in at least some prokaryotes and in the majority of eukaryotes, allows selection to evaluate different alleles more or less independently. Regular genetic changes due to intraorganismal ploidy cycles or recombination may also be important in life cycles of many unicellular forms. Eukaryotic amphimixis is generally similar in all taxa, but the current data on the phylogeny and reproduction of unicellular eukaryotes are insufficient to determine whether it evolved several times or just once. Theoretically, gradual origin of amphimixis from apomixis, with each step favored by natural selection, is feasible. However, we still do not know how this process occurred nor what selection caused it. For reasons not entirely clear, some properties of amphimictic life cycles are much less variable and more conservative than the others. Evolution of many aspects of reproduction requires more theoretical studies, while the existing data are insufficient to choose among the currently competing hypotheses.