The so-called metaverse has a “big time” investment case, according to Puerto Rican billionaire businessman Orlando Bravo.

Bravo, co-founder and managing partner of private equity firm Thoma Bravo, told CNBC that he thinks “metaverse” is the big word of 2021.

“It’s investable and it’s going to be very big,” Bravo said in an interview with CNBC’s Annette Weisbach on Friday.