In fairness, Perl died because it was just not a good language compared to others that popped up after its peak. Sometimes people just move to the better option.
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Perl is not that good a language though for practical purposes. The same way, a breadboard contraption is not what you want to ship as your hardware product, but without it, and the mistakes made and addressed while tinkering with it, the sleek consumer-grade PCB won't be possible to design.
With a team where everybody wrote it in a similar style, Perl did perfectly well. Mod_perl was fast. I liked Perl.
Then Django came out, and then Numpy, and Perl lost. But Python is still so incredibly slow....