We define weak 2‐categories of finite‐dimensional algebras with bimodules, along with collections of operators O(c, x) on these 2‐categories. We prove that special examples Op of these operators control all homological aspects of the rational representation theory of the algebraic group GL2, over a field of positive characteristic. We prove that when x is a Rickard tilting complex, the operators O(c, x) honour derived equivalences in a differential graded setting. We give a number of representation theoretic corollaries, such as the existence of tight ℤ+‐gradings on Schur algebras S(2, r), and the existence of braid group actions on the derived categories of blocks of these Schur algebras.