Exactly. As much as I liked the environment the premium you paid for what was sub-par performance really killed the market. And when SGI ended up selling intel Windows boxes the writing was on the wall for them as well.
https://en.wikipedia.org/wiki/SGI_Visual_Workstation
I disagree that next got 'eaten early' though, effectively every Mac you've used since those days was a Next workstation marketed under a different brand. Next morphed into Apple much more than that Apple acquired Next.