(Venture capitalists could learn something from Olive Garden.AP) It turns out that corporate governance is about more than just lawyers endlessly droning on about Delaware law after all. Everywhere in the capital markets, large institutional investors are laser focused on what’s going on (or not going on) in boardrooms of public companies. BlackRock, CalSTRS, and CalPERS, among others, have substantive resources devoted to assessing governance quality in their portfolio companies, and depending upon which source you believe, there is upwards of $200 billion under management by activist investors predominantly focused on effectuating boardroom changes.