This chapter continues the survey of recent empirical literature on labor-managed firms begun in chapter 6. The topics covered include comparisons of entry rates for LMFs and conventional firms, both at the aggregate and industry levels, as well as comparisons of exit rates at the aggregate and industry levels. Survival rates for LMFs are found to compare favorably with conventional firms. Next, the rarity of LMF membership markets is discussed. Other topics include the issue of whether LMFs tend to 'degenerate' into capitalist firms over time, and whether they have deficient investment incentives. The evidence on the latter two points is mixed, and LMFs seem able to avoid such problems through suitable institutional rules. There is some evidence that LMFs tend to cluster geographically due to positive spillover effects from the presence of other LMFs. The last section provides an informal interpretive summary, which serves as a prelude to the formal modeling in later chapters. The facts from chapters 6 and 7 provide important guidance for the construction and assessment of theories about LMFs.