Proof. Let be a presentable stable -category, and note that a
colimit-preserving functor sends the arrows in to
equivalences in if and only if its restriction to is
trivial.
We therefore may identify
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with the full subcategory spanned by those colimit-preserving functors
which send the arrows in to equivalences in . It
follows from lemmaΒ 5.5 that , where is the strongly saturated class of arrows of
which become equivalences in .
We now show that is strongly saturated, so that . First,
suppose given a cofiber sequence in such that
lies in the essential image of , and let be any map.
Then the cofiber of is equivalence to , so is
also in the essential image of . Second, given a diagram
in with
colimit , and suppose that the cofibers of
each lies in the essential image of . Commuting
colimits implies that the cofiber of is computed as the
colimit of the , and this lies in the essential image of
since is closed under colimits and the functor
preserves colimits. Lastly, suppose is a composite of
followed by , and write , ,
and for the cofibers of , , and , respectively. Then
we have a cofiber sequence , so if any two lie in
the essential image of then so does the third.
β