July 19, 2011 - 8:50 am


Virginia Beach businessman Paul Hirschbiel said this week that he is exploring a campaign for Congress in the 2nd Congressional district.

Rep. Scott Rigell, R-2nd, won that seat in 2010 by beating incumbent Glenn Nye, a Democrat, by 11 points. 

Hirschbiel, a Norfolk native who currently lives in Virginia Beach, owns Eden Capital, a consulting firm that advises not-for-profit and for-profit companies.

He has business and political ties to former governor, now Sen. Mark R. Warner. With Warner, Paul helped start in 1999 Envest Ventures, an early-stage venture capital firm in Hampton Roads.

Warner also tapped him to serve on his gubernatorial commission on efficiency and effectiveness, a group tasked with finding ways to make government work better.

"If we are going to bring people together and keep America strong we need less rhetoric and more action — less bickering and more discussion, and less finger-pointing and more common-sense solutions," Hirschbiel said in the announcement that he would explore a campaign.  

"I’ve put these principles to work by helping Gov. Warner forge a bi-partisan consensus to save taxpayer dollars by making government more efficient."

Hirschbiel earned a BA, Psychology and his MBA from the University of North Carolina.

He lists Dell Computers among his previous investments as a founding partner at Cornerstone Equity Investors. According to his campaign bio, he invested in Dell in 1987 when the company employed less than 700 people and had revenues of $80 million. He retired from the board of Dell 13 years later in 2000, when the company had more than 36,000 employees and revenues in excess of $25 billion.