Filtered categories can be defined as those categories $\mathbf{C}$ such that $\mathbf{C}$-indexed colimits in $\mathrm{Set}$ commute with finite limits.

Similarly, for categories enriched in $\mathbf{V}$ (where the appropriate notion of colimits is colimits *weighted* by enriched presheaves) one can define a presheaf $W \colon \mathbf{C}^{\mathrm{op}} \rightarrow \mathbf{V}$ to be ($\kappa$-)flat if $W$-weighted colimits in $\mathbf{V}$ commute with finite ($\kappa$-small) limits in $\mathbf{V}$ (for some regular cardinal $\kappa$). Borceux, Quinteiro, and Rosický take this as a starting point to develop a theory of accessible and presentable $\mathbf{V}$-categories in their paper "A theory of enriched sketches".

BQR show that in some ways flat weighted colimits are closely related to ordinary (conical) filtered colimits. For example, they show that if $\mathbf{C}$ has finite ($\kappa$-small) weighted limits, then a presheaf on $\mathbf{C}$ is ($\kappa$-)flat if and only if it is a ($\kappa$-)filtered ordinary colimit of representable presheaves. However, they give a counterexample that shows this need not be true for arbitrary $\mathbf{C}$ - but in this example it is still true that flat presheaves are filtered colimits of *absolute* colimits of representables.

**Question 1:** A $\kappa$-filtered ordinary colimit of absolute colimits of representables is always a $\kappa$-flat presheaf. Is anything further known (or expected) about the other direction, i.e. whether every $\kappa$-flat presheaf can be decomposed as such a colimit (or some variant involving two cardinals)?

Let me add a second closely related question that indicates why one might care about the first one. BQR prove that if $\mathbf{M}$ is a presentable $\mathbf{V}$-category then its underlying ordinary category is also presentable.

**Question 2:** Suppose $\mathbf{M}$ is a cocomplete $\mathbf{V}$-category whose underlying category is presentable. Does this imply that $\mathbf{M}$ is a presentable $\mathbf{V}$-category?

(This would be the case if the two classes of presheaves in the first question coincide.)