Schultz had a back injury in April and underwent three subsequent surgeries, which required a level of recovery. The situation prevented to continue travelling and engaging with people regarding political reform and other important issues affecting the country.
Furthermore, he decided to “invest” the money that he allocated for a presidential campaign “to people, organizations and ideas that promote honesty, civility and results in our politics, and that move the country beyond two-party gridlock.”
In January, President Donald Trump mocked Schultz. He tweeted that the former Starbucks CEO doesn’t have the “guts” to run for president