The generator of a reversing 2T also serves as the starter.
The old engines with points have two timing marks on the flywheel, one for forward and one for reverse. Timing must be set using both marks. I think you can split the difference between the two timing marks, but I think I remember it being better to set in favor of the forward running mark. The reverse mark can be off a smidge and the motor will still run fine in reverse, due to the generator not functioning when in reverse (meaning the unit does not charge in reverse, so no electrical load is seen, therefore less resistance from the starter/generator).
I imagine mapped electronics takes care of the timing on newer models.