Comment by Kilonzus

I have a question, why do companies go public later into their lifespans? If I was Uber wouldn't I want to go public within a year or two of extreme success (2013-2014) where my popularity and reviews are higher to garner more interest and therefore more buyers at a higher initial price? Instead its maybe 8-10 years after launch where regulations and lawsuits have attacked the business model. Correct me if I'm wrong just wondering.