MySQL:删除组中第n行以外的行

I insert rows into a table with time-stamps (time). I could have multiple rows that are identical except id and time. I want to delete all rows that are beyond 5 "iterations". I only want to keep 5 iterations of an instance's "history".

Instance = new entry for name

History = the entries for a particular name

Example:

id    name    value    time
1     blue    15       12/1/2016
2     blue    16       12/2/2016
3     blue    12       12/3/2016
4     blue    43       12/4/2016
5     blue    12       12/5/2016
6     blue    9        12/6/2016
7     blue    33       12/7/2016
8     red     15       12/5/2016
9     red     15       12/8/2016

After Delete:

id    name    value    time
3     blue    12       12/3/2016
4     blue    43       12/4/2016
5     blue    12       12/5/2016
6     blue    9        12/6/2016
7     blue    33       12/7/2016
8     red     15       12/5/2016
9     red     15       12/8/2016

Here was the adopted solution from the suggested almost-duplicate question:

delete l.* from table_name L inner join (
    select name, group_concat(id order by time desc) grouped_value from table_name 
) R on l.name=r.name and find_in_set(id,grouped_value) > 5