10/18/2008 05:12 am ET Updated May 25, 2011

Lynn Spears On Britney: "Shoulda, Woulda, Coulda" (VIDEO)

Lynne Spears appeared on Wednesday's Today show to promote her memoir "Through the Storm" and admitted they made mistakes parenting during Britney's quick rise to fame.

"It's kind of like Britney was sent out into the world a little bit prematurely," Lynne said, who also said she wasn't often with the then-15 and 16-year-old Britney, as she had a younger daughter, Jamie Lynn, still at home. "Did I want to be there? Of course!" she said. "Was it feasible? It wasn't."

Lynne compared it to parents sending their kids to college. "You don't really know what they're doing in college ... just as Britney set out two years earlier to be a star."

As for the fame, "It was more of an excitement at first. It seems like everything's fabulous: Look at the trips she gets to go on!"

She also talked about Britney's 55-hour first marriage and stint in rehab.