Lemma 3.13. Let , and let . Then the natural projection map is an equivalence.
Proof. Tensor products and pullbacks always preserve colimits, and in our setting is colimit preserving as well. Therefore for any the functors and define colimit preserving endofunctors of . Hence both functors are determined by their value on , and canonically take the value . We find that the natural map is an equivalence. ∎
Original source: arXiv:0805.0157v5